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Saudi Arabia discloses LP positions & SEC charges Frank founder with fraud | E1713
This Week in Startups
Should Venture Capitalists Do Business With Saudi Arabia?
Saudi Arabia has human rights violations that are pretty abhorrent. The argument for engagement, we are partners with them and buy oil from them. We have a working relationship as a country with Saudi Arabia. If you pick the right funds, it could be four or five, six times,. So they would be able to essentially bankroll the entire US venture capital industry very easily.
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